The Comprehensive Economic Partnership Agreement between India and the United Arab Emirates was signed on May 1.
According to this various exporters especially textile, agriculture, dry fruits, gems and jewelery exporters get full duty exemption in UAE for their exports.
This is something that potential importers in the UAE can benefit from.
Importers of these items from India can get full duty exemption and earn high profits.
From the date of implementation of this agreement, i.e. during the 60-day period between May and June, the export growth of goods from India to the UAE has increased to 16.22 percent.
Gold jewelery exports alone rose 62% in May and 58% in June.
The Government of India has said that the exporters exporting the above mentioned products should make maximum use of this opportunity.
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